Moving to another question will save this response Question 9 of 10 Question 9 25 points (CHAPTER 15) You and your business partners own a bunch of real estate, and you are currently working on making a saleeseback decision for your office building You and your business partners bosht this office building years ago at which time you paid $1.000.000. You believe that in today's market it could be sold for $5,000,000 You also believe that if you don't sell and lease it back and instead keep it for more years, you can probably sell it then for $11.000.000 The building component of this office property is 70% it depreciates over 20 years A35 tax rate applies on all taxable income for your and your partners real estate business you and your partners decide against the seaseback and to keep the property, what would be the totale due at the time when you will be selling the office building? Do Not put your answer Hound to 2 decimal places Do NOT round your intermediate cautations or if you can solve this problem in te with correct al reference this way you avoid TAX